Oddbean new post about | logout
 The only real stable coin is on Tron, eth is extremely inefficient at the use cases it claims. It is now proof of stake and centralized.

But wont go away at least for a little why longer, too much lindy for scam creation.

nostr:note19nge7n5ugv5m59eqlt6u97glj247e0fnf8jfqk7f36cwy238lc5ssfl8xl  
 What "public computing needs", I have all the computing I need on my devices and I'm ok to buying some more from specialized actors whats that " puclic computing needs"  
 Ordered a start 9 server yesterday 

😜 
 Yeah there are two totally separate stablecoin markets.

USDT on Tron is the utility one for savings/payments in inflation-ravaged areas.

Both USDT and USDC on Ethereum is the speculation one used for unit of account in offshore exchanges, leverage/liquidity pools, etc. Mainly for large traders who don’t care about the higher fees and are riding on the remaining liquidity network effects and momentum of the Ethereum ecosystem. 
 They sound so “enticing”